It is true that it is not completely influenced by Elon, but it must be admitted that Elon Musk's influence on the crypto market in 2021 is quite large so that his impact to date, Elon Musk is a celebrity known throughout the world and what he does will have an impact on his followers to be interesting. for other people. So many people are getting involved in Crypto because of the influence of Elon Musk.
Elon Musk's influence on crypto market has been very negative and one of the reasons Bitcoin price was pushed down and is unable to recover itself to further price levels right now. If crypto adopters didn't give so much relevance to Musk, I believe Bitcoin could be already around 30,000$-40,000$ price range, despite the global scenario involving economical crisis, unstability and wars.
The breaking point happened when Musk badmouthed Bitcoin, removing it as payment method from his company Tesla, claiming it was harmful for the environment. I fear investors continue giving him credit, and consequently granting him power to manipulate crypto market on the direction he considers the most rewarding for his personal interests, therefore prejudicing common investors like us, who can't play equally against the big guys, the whales.